Sparta, IL Home Values & Market Trends

Real estate market trends reflect that there have been 67 transactions over the past year in Sparta. The median value for residential home transactions that occurred over the previous year is $96,271.4. The number of current listings in Sparta is 12, and the percentage of properties for sale in the city is 12.00%. Sparta, IL currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 12 properties for sale.

Sparta, IL Real Estate Market Overview

ZipMedian Est. Value
62286

$ 107,500

$ 68/sqft

Housing Market Summary for Sparta, IL

Apr 2023March 2024Change
Median Listing Price$77,500$103.9K34.03%
Median Sold Price$72,066$103.9K44.14%
Homes For Sale313333.33%
Homes Sold334433.33%
Price
$/Sqft
Homes For Sale
0
0

Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

0
0

Browse Homes in Sparta, IL

Sparta home values range from $13,150 to $605,530. The median estimated value of a home in Sparta is $96,271.4. The median list price of a home is 137,500, and the total count of properties in the city is 1,854.

Foreclosure
There is 1 zips within Sparta, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $179,875 in 62286 to the lowest value of $64,575 in 62286. Foreclosure homes account for 0.00% of properties in Sparta, IL with 62286 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Sparta, IL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sparta, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Sparta, IL ranges from the highest value of $179,875 in 62286 to the lowest value of $179,875 in 62286. Bank owned homes and properties account for 0.05% of properties in Sparta, IL. There is 1 zips within Sparta, IL; 62286 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    62286 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Sparta, IL. Auction homes and other auction properties account for 0.05% of all properties in Sparta, IL. There is 1 zips within Sparta, IL; of that zips, the median estimated home value for homes going to auction ranges from $64,575 in 62286 to the lowest value of $64,575 in 62286.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.65% of residential properties in Sparta, IL with 62286 containing 12 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Sparta, IL; homes for sale in that zips, have a range of median values from $254,302 in 62286 to the lowest value of $37,937 in 62286.
    Sold Homes
    The median value for recently sold homes ranges from $392,503 in 62286 to the lowest price of $19,660 in 62286. There is 1 zips within Sparta, IL. 62286 has 43 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.32% of properties in Sparta, IL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Sparta, IL
      $
      $

      Guide for Sparta, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Recently Listed Homes Sparta, IL

      No data to show